do you lose on slots?

[nullama]

My buddy needed a ride home from the casino at 3am last night.  Kept me up much longer than I would have liked.  They lost $800 and got too drunk to get home.  LOL.  I have no idea whey someone would engage in pumping $800 into a slot machine that late at night but I assume that boredom has to play a role.  Maybe for those who are finding themselves gambling more than they would like or losing money on slot machines regularly, what you need is a more interesting or fun hobby to take up your time instead of losing money hoping to see pretty lights and hear fancy noises.

It's crazy. The thing is that most people won't pay $800 to play slots, and the casinos now this.

They start with $1, or $10, etc, then they win a bit, lose a bit, etc, and then suddenly they realize they have put $800 in the machine.

Casinos are experts in keeping you there putting more money all the time. They have perfected this trick.

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[ethereumhunter]

My buddy needed a ride home from the casino at 3am last night.  Kept me up much longer than I would have liked.  They lost $800 and got too drunk to get home.  LOL.  I have no idea whey someone would engage in pumping $800 into a slot machine that late at night but I assume that boredom has to play a role.  Maybe for those who are finding themselves gambling more than they would like or losing money on slot machines regularly, what you need is a more interesting or fun hobby to take up your time instead of losing money hoping to see pretty lights and hear fancy noises.

If they are bored, it is a mistake if they even play gambling because it can give them defeat and it has been proven that they have lost $ 800. It will be even worse, especially if they play gambling until they get drunk because they can't control themselves anymore. But they are still lucky because they can call you to ask to be taken home. After all, they are too drunk to go home.

Hopefully, that can be a lesson for them not to do it again, let alone lose even more money and get too drunk so they can't go home. They really need to find a hobby that is more interesting than just gambling so that if they get bored, they can use their new hobby and not gamble instead.

[Lucasgabd]

85 year old Grandma knows where its at, experience beats enthusiasm.  Most people quit but clearly an 85 year old has the gravitas to know just how long it takes to win.   The slots have changed over the years some, its possible your grandma had benefited from seeing all the various aspects to the games.  The cycle theory to wins etc.   I've mentioned before one of the craftiest players I saw was a bar man who would hop on machines after people quit having put in alot of money but won little.  He no doubt considered it a job bonus, literally he is there for 12 hours a day and is forced to watch the full cycle of win/loss and I think this gives the perspective to win; my theory.

haha haven't thought about that before
do you think casino odds are changing over the decades and starting to get harder? or at least different

well, buying a house is definitely harder now than it was for our grandparents due to inflation and the difference in real wages / buying power.

[Silberman]

85 year old Grandma knows where its at, experience beats enthusiasm.  Most people quit but clearly an 85 year old has the gravitas to know just how long it takes to win.   The slots have changed over the years some, its possible your grandma had benefited from seeing all the various aspects to the games.  The cycle theory to wins etc.   I've mentioned before one of the craftiest players I saw was a bar man who would hop on machines after people quit having put in alot of money but won little.  He no doubt considered it a job bonus, literally he is there for 12 hours a day and is forced to watch the full cycle of win/loss and I think this gives the perspective to win; my theory.

haha haven't thought about that before
do you think casino odds are changing over the decades and starting to get harder? or at least different

well, buying a house is definitely harder now than it was for our grandparents due to inflation and the difference in real wages / buying power.

There is no relationship at all with how much a slot machine has already paid off and the chances you have to win, if this was true then no sane gambler will want to become scapegoat and try the slot machines before anyone else, besides each event on the slot machines is independent and the machine does not remember what happened on the past, unlike other games like poker in which once a card is dealt that card cannot be dealt again to other players until the current round ends.

[LUCKMCFLY]

It is true is not easy but at the same time it has to be done, humans have to do all kind of things we do not like and yet we still do them, an example of this is exercise, I do not like exercising at all and I hate that feeling of fatigue I get after it, but I still do it because I know it is a good thing for my long term health, then if someone is experimenting some gambling issues, as hard as it could be to remain away from casinos they have to do it, as it is the best thing for them to do at that moment.

It is indeed the irony of life, when on the normal, people are supposed to find it easier to stay aways from gambling casinos, but still baffles me how addiction turns the table around, and make things that are easier to do much difficult, and then make things that are harder/difficult to do much more easier.

For me, it takes me much time to decide to gamble, even when I have the hunger for it, I still can only gamble on a day or week I have extra money possibly due to less expenses and all that..

And that example of exercising, that's so true, it pretty amuses me how we tend to find it easier to do things that are not important for our well being, compare to things are will keep us in good health mentally and physically.

This is why addictions are so dangerous as they invert the natural order, I like to gamble but just like you it is something I do occasionally, and if someone asked me I would have no problem staying out of it for as long as needed as I have a lot of other hobbies as well, but the addicted gambler is so immersed in the rabbit hole they cannot tell that what is happening is slowly destroying them and everyone around them, and by the time they realize this is the case it is too late to do anything about it.

A gambling addict who does not want to get rid of addiction immediately will definitely get worse and will lose all valuables and savings.
Especially slot games which are faster increasing gambling addicts as I saw in the city say that there are some young people who don't know about gambling but after seeing slot advertisements he wants to try and ends up addicted to selling various valuables and houses.

It is that there can be a lot of confusion when it comes to the casinos and the auctions , it is as you say, they can even sell houses to be able to be in the casino well, and if they are from those people who seek to recover their losses , I think it is one of the things that They will not be able to leave except with the help of psychologists before they endanger their own lives, and if they are people who are the head of a family where they spend their money in an irresponsible way , it is what I consider Should not be done, however this Falls on the responsibility of each Person, since the casino here is not the culprit because a casino does not Force Anyone to Play.

[len01]

If they are bored, it is a mistake if they even play gambling because it can give them defeat and it has been proven that they have lost $ 800. It will be even worse, especially if they play gambling until they get drunk because they can't control themselves anymore. But they are still lucky because they can call you to ask to be taken home. After all, they are too drunk to go home.

Hopefully, that can be a lesson for them not to do it again, let alone lose even more money and get too drunk so they can't go home. They really need to find a hobby that is more interesting than just gambling so that if they get bored, they can use their new hobby and not gamble instead.

but apparently not boredom but the effects of drunkenness cost the man a total of $800. not sure if it's true but it seems that the person feels playing slots as part of a hobby to have fun and subconsciously under the influence of alcohol maybe he keeps putting his money into the slot machine to enjoy the hobby he wants to find pleasure through slot machines.
I'm sure after waking up and waking up he will think "last night my money was still $ 800 but where did it go" Lol

[Mr. Magkaisa]

My buddy needed a ride home from the casino at 3am last night.  Kept me up much longer than I would have liked.  They lost $800 and got too drunk to get home.  LOL.  I have no idea whey someone would engage in pumping $800 into a slot machine that late at night but I assume that boredom has to play a role.  Maybe for those who are finding themselves gambling more than they would like or losing money on slot machines regularly, what you need is a more interesting or fun hobby to take up your time instead of losing money hoping to see pretty lights and hear fancy noises.

It's crazy. The thing is that most people won't pay $800 to play slots, and the casinos now this.

They start with $1, or $10, etc, then they win a bit, lose a bit, etc, and then suddenly they realize they have put $800 in the machine.

Casinos are experts in keeping you there putting more money all the time. They have perfected this trick.

    -   I don't get your point here, do you mean that they will let you win casino house edge on their gambling platform, until you fall into their trap to deposit a bigger fund on it. Then it will come to a point where you don't realize that you have deposited a large amount.

Where you don't notice that you're losing a lot of money because you enjoy gambling and you think you'll win more than the money you put in, is that your point?

[boltz]

I never lose on slots because I never play them. Like , to be completely honest , I really don't like the slots just because of the algorithm behind the machine that makes it to never lose basically. I do have friends working with big slots companies and trust me , you can't win and even when you do ...it super rarely and you'll get hooked to play more so that is why I prefer to place bets on Live sports or simply use a live casino for roulette or something else if I want to feel an "online casino experience".

In Romania per example , we have a big problem with slots and bookies right now because they started to place them around schools and high schools and we already have a victim who took out his life because of the slots...and he was not even a major person...really sad story so yea , stay away from slots guys.

[ethereumhunter]

If they are bored, it is a mistake if they even play gambling because it can give them defeat and it has been proven that they have lost $ 800. It will be even worse, especially if they play gambling until they get drunk because they can't control themselves anymore. But they are still lucky because they can call you to ask to be taken home. After all, they are too drunk to go home.

Hopefully, that can be a lesson for them not to do it again, let alone lose even more money and get too drunk so they can't go home. They really need to find a hobby that is more interesting than just gambling so that if they get bored, they can use their new hobby and not gamble instead.

but apparently not boredom but the effects of drunkenness cost the man a total of $800. not sure if it's true but it seems that the person feels playing slots as part of a hobby to have fun and subconsciously under the influence of alcohol maybe he keeps putting his money into the slot machine to enjoy the hobby he wants to find pleasure through slot machines.
I'm sure after waking up and waking up he will think "last night my money was still $ 800 but where did it go" Lol

Hahaha that could happen when he wakes up. And the effects of the hangover would surely be felt so that he would be dizzy thinking about it. If one gambled while drunk, he would be unable to think straight and just keep spending his money until nothing was left. And as we know, the man paid $800 for drunkenness to go home. We must avoid it and not experience it like that man. And maybe it's better if we play at home instead of visiting the casino because if our money runs out, we won't be able to go home, especially if we run out of money too

[nullama]

~snip~
    -   I don't get your point here, do you mean that they will let you win casino house edge on their gambling platform, until you fall into their trap to deposit a bigger fund on it. Then it will come to a point where you don't realize that you have deposited a large amount.

Where you don't notice that you're losing a lot of money because you enjoy gambling and you think you'll win more than the money you put in, is that your point?

Basically there's not many people that would feel comfortable putting $800 in one go at a slot machine, but many end up doing so by putting small notes, $1, $5, $10, at a time, and then trying to recover loses, etc. If you sum up all that they will realize they paid more than $800 even though they wouldn't have done it in one go.

[cryptomaniac_xxx]

~snip~
    -   I don't get your point here, do you mean that they will let you win casino house edge on their gambling platform, until you fall into their trap to deposit a bigger fund on it. Then it will come to a point where you don't realize that you have deposited a large amount.

Where you don't notice that you're losing a lot of money because you enjoy gambling and you think you'll win more than the money you put in, is that your point?

Basically there's not many people that would feel comfortable putting $800 in one go at a slot machine, but many end up doing so by putting small notes, $1, $5, $10, at a time, and then trying to recover loses, etc. If you sum up all that they will realize they paid more than $800 even though they wouldn't have done it in one go.

Maybe but here in our country, I've seen people putting at least $100-$200 at a time and try their luck on their favorite slot machines. And chances are, they are going to bet big, max bet or with huge multipliers. So that amount of money could be lost in an instant as we all know that slots machines are one of the worst game to play because it is base on pure luck.

Funny thing is, once those players loss, they are still going to continue to put more money, trying their chances again to recover and recoup with they initially lost. But in term, they are going to lose more as the longer you play, your chances to win are getting slimmer.

[slapper]

~snip~
    -   I don't get your point here, do you mean that they will let you win casino house edge on their gambling platform, until you fall into their trap to deposit a bigger fund on it. Then it will come to a point where you don't realize that you have deposited a large amount.

Where you don't notice that you're losing a lot of money because you enjoy gambling and you think you'll win more than the money you put in, is that your point?

Basically there's not many people that would feel comfortable putting $800 in one go at a slot machine, but many end up doing so by putting small notes, $1, $5, $10, at a time, and then trying to recover loses, etc. If you sum up all that they will realize they paid more than $800 even though they wouldn't have done it in one go.

Maybe but here in our country, I've seen people putting at least $100-$200 at a time and try their luck on their favorite slot machines. And chances are, they are going to bet big, max bet or with huge multipliers. So that amount of money could be lost in an instant as we all know that slots machines are one of the worst game to play because it is base on pure luck.

Funny thing is, once those players loss, they are still going to continue to put more money, trying their chances again to recover and recoup with they initially lost. But in term, they are going to lose more as the longer you play, your chances to win are getting slimmer.

These devices are programmed in a way to keep a certain percentage of the money put into them. This is known as the 'hold percentage,' and it's the opposite of the payout percentage. So even if the machine has a 98% payout, it's still holding 2% of all the money played.

Gambling, especially on slot machines, should be seen as an expenditure, not an investment. It’s entertainment. The moment you start seeing it as a way to recoup your losses, you’re going down a slippery slope. It's easy to get trapped in the 'Sunk Cost Fallacy', thinking you must keep playing to recover your

[Strongkored]

Basically there's not many people that would feel comfortable putting $800 in one go at a slot machine, but many end up doing so by putting small notes, $1, $5, $10, at a time, and then trying to recover loses, etc. If you sum up all that they will realize they paid more than $800 even though they wouldn't have done it in one go.

He must be quite rich and have a large initial capital if he wants to use such a large base bet, the casino will call the high rollers. It will be difficult to immediately get a high multiplier with just a few spins if he does 10x spins it has spent $ 8000 maybe players can buy bonus features and expect will produce very good results or at least achieve what is used to repeat the same thing until finally getting a big win because luck has approached him, and players like that will be treated very well by the casino because it is profitable for their business.

[Peanutswar]

Basically there's not many people that would feel comfortable putting $800 in one go at a slot machine, but many end up doing so by putting small notes, $1, $5, $10, at a time, and then trying to recover loses, etc. If you sum up all that they will realize they paid more than $800 even though they wouldn't have done it in one go.

He must be quite rich and have a large initial capital if he wants to use such a large base bet, the casino will call the high rollers. It will be difficult to immediately get a high multiplier with just a few spins if he does 10x spins it has spent $ 8000 maybe players can buy bonus features and expect will produce very good results or at least achieve what is used to repeat the same thing until finally getting a big win because luck has approached him, and players like that will be treated very well by the casino because it is profitable for their business.

People with a higher chance of winning are those who have a large amount of money balance in their wallet, a large amount of wallet do you have a higher chance you will get the chance to win the multiplier if you are just a regular player like me for having a $100 minimum for the bet entertainment satisfaction, and make a bet of $10 per spins, base on my experience I win most of the time but it does not apply to all players after those wins still get loose tons of money due to getting greedy. Also large pool players have the higher chance to be part of the reward system of the platform seems like a rakeback or rewards to you at the same time its a win win situation for the large players.

[retreat]

i play slots hoping to win 'big win' or 'jackpot' but many times it don't hits and my balance get drained after betting many times in one slot machine. i play more bets hoping it already took my so much balance it will definitely going to hit this times, but it never happens, and my balance becomes "0".

-snip-

Therefore it is important to train your psychology not to be fixated on one type of game and feel like you want to win all the time. Indeed, at first it was quite difficult to be able to control your greed, but if you practice it often you will get used to it. Because usually what causes someone to lose big at online gambling is that they tend to want to keep winning and can't hold back their greed - they keep playing and then when they lose they regret it and so on. That's very stupid, because usually they already understand that it's wrong to continue playing, but they still play, even though if they avoid continuing to play they can avoid bigger losses.

[Doan9269]

85 year old Grandma knows where its at, experience beats enthusiasm.  Most people quit but clearly an 85 year old has the gravitas to know just how long it takes to win.   The slots have changed over the years some, its possible your grandma had benefited from seeing all the various aspects to the games. 

There are people that don't mind taking years in pursuit of what they wish to achieve in life because be everything works with determination as long as one does not give up on those things, i wonder the years she would have lived in gambling ever since she was young and number of countless attempts for this kind win, but definitely things would have also drastically change about playing slot games over tim.

[nullama]

~snip~
People with a higher chance of winning are those who have a large amount of money balance in their wallet, a large amount of wallet do you have a higher chance you will get the chance to win the multiplier if you are just a regular player like me for having a $100 minimum for the bet entertainment satisfaction, and make a bet of $10 per spins, base on my experience I win most of the time but it does not apply to all players after those wins still get loose tons of money due to getting greedy. Also large pool players have the higher chance to be part of the reward system of the platform seems like a rakeback or rewards to you at the same time its a win win situation for the large players.

The thing is that the odds are usually the same, independent of how much the gambler puts into play.

Let's say at least the classic games at a casino, roulette, blackjack, etc, they odds are all fixed really even before the game begins, and it doesn't matter how much the gambler gambles.

Therefore maybe the rich gambler can afford to play more games, but in each game the odds are the same.

[Betwrong]

~

I agree and in fact there is more chance of a  land based casino to cheat more than any online casino can do.They the physical machines can be opened and the RTP can be changed to different levels and can go up to 46% for the player and 54% for the casino which is something you will never find in an online casino as the worse case scenario here is 84% for the player and these are very isolated cases while most of the time is 96-97% return to players.This is just a trick to get more customers but the good thing is that each of casinos have their own unique "clients",old gamblers like to go to land based casinos as they have grown up with these machines while the new generation prefer to play from the comfort of their home.

I read somewhere that they are not allowed to change the RTP without informing regulators, but I'm not sure the if info was reliable. Can you provide a link to where I can read about it, please?

That may happen once in a loooooooooooooong while to hit it big after some one has lost a lot of money but most likely you will lose money trying this "trick".

I'd say it's just a bit more likely than not, provided that the house edge is around 5%, it's not "most likely".

[tusandii]

There are people that don't mind taking years in pursuit of what they wish to achieve in life because be everything works with determination as long as one does not give up on those things, i wonder the years she would have lived in gambling ever since she was young and number of countless attempts for this kind win, but definitely things would have also drastically change about playing slot games over tim.

That's because he has goals and a great desire to win, so how long and the money spent will never get in the way of achieving these desires and goals.
I also have a friend like that where every day he only spends his time playing slots because he has the goal of having big wins from slot games.
What's more, for those who are still young, they will be even more excited when they chase victory in gambling.
But unfortunately they don't realize that slot games can be won if only luck is on your side.

[Sterbens]

That's because he has goals and a great desire to win, so how long and the money spent will never get in the way of achieving these desires and goals.
I also have a friend like that where every day he only spends his time playing slots because he has the goal of having big wins from slot games.
What's more, for those who are still young, they will be even more excited when they chase victory in gambling.
But unfortunately they don't realize that slot games can be won if only luck is on your side.

They especially teenagers have very high ambitions for victory, and they have been obsessed with gambling because they often see other people win large amounts, so he thinks that he will also be able to obtain that victory. What's worse is that they are willing to do anything just to be able to gamble, indeed on the other hand I also feel that gambling is very fun, but I won't be too ambitious to pursue it because I know it's only about luck, which is where I will be able to win when luck comes. Chasing victory in gambling is like chasing the wind.